Huntington Bancshares (NASDAQ:HBAN) Price Target Lowered to $19.00 at Stephens

Huntington Bancshares (NASDAQ:HBAN) had its price target trimmed by Stephens from $20.00 to $19.00 in a research note issued to investors on Friday, Marketbeat Ratings reports. The brokerage currently has an equal weight rating on the bank’s stock.

HBAN has been the topic of several other research reports. Wall Street Zen upgraded Huntington Bancshares from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Jefferies Financial Group set a $18.00 price objective on Huntington Bancshares in a report on Thursday. Evercore reaffirmed an “outperform” rating and issued a $21.00 price target on shares of Huntington Bancshares in a research report on Monday, July 6th. JPMorgan Chase & Co. boosted their price target on Huntington Bancshares from $18.50 to $19.50 and gave the company an “overweight” rating in a research note on Monday, July 6th. Finally, Wolfe Research cut their target price on Huntington Bancshares from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $20.14.

Huntington Bancshares Stock Down 0.2%

Shares of Huntington Bancshares stock opened at $17.36 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.63. The firm has a market cap of $35.19 billion, a P/E ratio of 13.46, a P/E/G ratio of 0.78 and a beta of 0.93. Huntington Bancshares has a fifty-two week low of $14.89 and a fifty-two week high of $19.45. The business has a 50-day moving average price of $17.12 and a 200 day moving average price of $16.93.

Huntington Bancshares (NASDAQ:HBAN) last issued its earnings results on Thursday, July 23rd. The bank reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. The company had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.84 billion. Huntington Bancshares had a return on equity of 11.19% and a net margin of 16.64%.During the same period in the previous year, the firm posted $0.34 earnings per share. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. On average, sell-side analysts forecast that Huntington Bancshares will post 1.62 earnings per share for the current fiscal year.

Huntington Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 17th will be issued a dividend of $0.155 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.62 annualized dividend and a yield of 3.6%. Huntington Bancshares’s dividend payout ratio (DPR) is currently 47.69%.

Insiders Place Their Bets

In related news, Director James D. Rollins III sold 223,522 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $17.35, for a total value of $3,878,106.70. Following the completion of the sale, the director directly owned 612,155 shares in the company, valued at $10,620,889.25. This represents a 26.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Marcy C. Hingst sold 10,568 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $18.00, for a total transaction of $190,224.00. Following the sale, the executive vice president owned 267,859 shares of the company’s stock, valued at approximately $4,821,462. This trade represents a 3.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have bought 33,500 shares of company stock valued at $617,542 in the last three months. Insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On Huntington Bancshares

Institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP boosted its holdings in Huntington Bancshares by 4,265.5% during the fourth quarter. Wellington Management Group LLP now owns 70,083,841 shares of the bank’s stock worth $1,215,955,000 after purchasing an additional 68,478,435 shares during the last quarter. Norges Bank purchased a new position in Huntington Bancshares during the fourth quarter valued at approximately $432,584,000. Vanguard Group Inc. raised its holdings in shares of Huntington Bancshares by 8.1% in the 4th quarter. Vanguard Group Inc. now owns 191,319,041 shares of the bank’s stock valued at $3,319,385,000 after acquiring an additional 14,338,222 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Huntington Bancshares by 27.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 23,480,601 shares of the bank’s stock worth $367,388,000 after acquiring an additional 5,026,894 shares during the last quarter. Finally, Amundi raised its holdings in shares of Huntington Bancshares by 30.7% during the 1st quarter. Amundi now owns 19,502,547 shares of the bank’s stock valued at $305,215,000 after buying an additional 4,578,566 shares in the last quarter. Institutional investors and hedge funds own 80.72% of the company’s stock.

Key Huntington Bancshares News

Here are the key news stories impacting Huntington Bancshares this week:

• Positive Sentiment: HBAN reported Q2 adjusted EPS of $0.39, matching Wall Street estimates, while revenue came in slightly ahead of expectations. Management also raised FY 2026 EPS guidance to $1.90-$1.93, above consensus, signaling confidence in continued earnings growth. Article Title
• Positive Sentiment: The bank highlighted growth in net interest income, fee income, loans, and deposits, which supports the view that core business trends remain healthy. Article Title
• Positive Sentiment: Huntington also announced a quarterly dividend of $0.155 per share, which may appeal to income-focused investors and reinforces capital return plans.
• Neutral Sentiment: Analysts remain broadly constructive, with consensus calling the stock a “Moderate Buy,” but several firms kept only an “equal weight” view.
• Neutral Sentiment: Morgan Stanley and Stephens both lowered their price targets to $19, while Robert W. Baird raised its target to $21 and kept an outperform rating, leaving the analyst message mixed overall.
• Negative Sentiment: Rising funding costs pressured Q2 margins, and higher expenses and provisions remain a headwind for profitability. Article Title
• Negative Sentiment: The recent pullback in analyst price targets may be limiting upside expectations, even after the earnings report.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated (NASDAQ: HBAN) is a bank holding company headquartered in Columbus, Ohio, that provides a broad range of banking and financial services through its principal subsidiary, Huntington National Bank. The company’s operations are centered on retail and commercial banking, and it serves individual consumers, small and middle-market businesses, and institutional customers.

Huntington’s product offerings include traditional deposit and lending products, consumer and commercial loans, mortgage origination and servicing, auto financing, and business banking solutions.